China’s economic growth falls sharply, falls short of target0

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• July 15, 2026

China’s economic growth slowed sharply between early April and late June, as weak domestic demand and the impact of the Iran war on oil prices overshadowed the country’s strong exports. Official gross domestic product (GDP) figures showed the world’s second-largest economy grew 4.3% in the second quarter, below Beijing’s annual target, and after a 5%